The Gellman Team Real Estate Blog

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What is a better investment, building a new home or buying an existing one? When we talk to our clients about this topic, we like to discuss not only the financial aspect, but also the opportunity cost of their time and money

The convenience of buying an existing home is you’re able to move in quickly. On the other hand, building can take a year or two to accomplish. If you’re in a hurry, or if you’re not willing to deal with the stresses involved in building a new home, you might want to consider buying an existing home.

 

Building a new home can be more expensive than buying a pre-existing one, but the benefit is you can design it

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Today we are going to discuss the impact that low interest rates have had on the St. Louis market lately. Low rates have had many different effects on the market. One of them is that many renters are seeing homeownership as a more reasonable and better investment than renting. In fact, the monthly costs are quite similar and right now, starter houses can be bought opportunistically.

Low interest rates have also improved the value of move-in ready homes. Buyers will spend a premium so they don’t have to use out of pocket dollars to update their home. Every $10,000 that a prospective buyer pays is about $50 to $60 on a monthly mortgage payment.

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Yes, homeownership is still included in the American dream. As long as you buy the property right, that is. You’ll be in luck if you have superb equity. Fixer-upper properties are still great options if you budget properly, too.

We absolutely believe in the American dream. When you own a home, there are so many special moments in that house. We embrace family memories! If all the numbers and emotions stabilize, it’s the right decision to make a move in today’s market.

The data also shows it’s a good time to act. Investment property prices are on the rise. Interest rates are historically low! If you’re thinking about buying or selling in

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Today we are going to discuss the spring market here in St. Louis and why you need to begin your search now if you plan on buying at all this spring.
A lot of prospective buyers have asked why they should start the home buying process now when they don’t plan on moving until March, April, or May. Here are a few reasons why we believe you should start now.
1. There are great homes on the market right now. Because of low inventory and a low number of buyers in the market, there are some great homes out there right now and some great opportunities to buy them when the market is relatively quiet like it is now.

2.…
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Today we're very excited to have Bill Keefer joining us. He is our listing specialist and was born and raised in the area, so he knows the terrain extremely well. His mother was a real estate agent in Webster Groves, so buying and selling homes is truly in his blood.

Bill has been a licensed agent for nearly 15 years, but only recently joined the Gellman Team. He saw something special taking shape here and he wanted to be part of it. Our customer service, systems, and aggressive marketing attracted him to our team.

Bill enjoys communicating with his clients in order to take care of their wants and needs, and he is passionate

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A lot of people think that the real estate market freezes over in the winter, especially during the holidays. However, this is not true, and the winter can actually be a great time to sell for some people. There are multiple reasons why this is true.

 

Buyers are very serious in the winter. They often have to buy because of a job transfer, or for tax purposes. When buyers are more motivated, you can expect a quicker sale and probably a better price for your home if they have to buy quickly.

 

Homes also tend to look their best during the holidays. Our homes are usually decorated well during the holidays because we're

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Today I don’t have any real estate topics to talk about. Instead, I want to take this time to say thank you.


To all of our past and present clients, referrals, friends, and families, thank you so much for your incredible support. You have allowed our team to grow, as we continue to serve more and more buyers and sellers. You have all contributed to the growth of our business, and we could never thank you enough.




I also wanted to say a special thank you to all of our great buyer specialists and listing specialists. I am very thankful to be able to lead this team and be where I am today.


Once again, thank you

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Today, we'll discuss investing in real estate, instead of investing in the stock market. Right now, it is a great time to be a prospective investor.

The rental market for single-family and multiple-family homes is seeing a lot of stability, low vacancy, and increased rent. Two things you have to be careful of are rising rents and dropping vacancies. The value of these properties continue to rise. You have to buy smart in today's market, or the numbers might just not work out.

 

 

When you're out looking for an investment property, you have to pay attention to rent. Budget for conservative rent. Many sellers market these

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Laura Mueller is our listing specialist, and we're very proud to introduce her to you today. She is a native of St. Louis and has been working in the real estate industry for 15 years.

Laura knows that her responsibility is to understand your needs and goals as a seller. Once she knows what exactly you're trying to accomplish by selling your home, she'll tailor a unique sales plan to get you top dollar for the property.


 

If you want a seamless, stress-free real estate transaction, then you're looking in the right place. Please don't hesitate to contact Laura for a free seller consultation.

 

We look forward

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Julie Baskin is our buyer specialist at the Gellman Team, and she's a favorite among our customers because she's lived in St. Louis her entire life. She knows the neighborhoods like the back of her hand, and also knows how to find you homes that haven't yet hit the market.

One of Julie's greatest passions is matching your wants and needs to homes and neighborhoods that are suitable for you. She is a strong believer in customer service, as well as top-notch communication. Julie never lets her customers fall out of contact because she knows just how important communication is in this industry.


 

Please don't hesitate

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